{
    "success": true,
    "data": {
        "id": 1097063,
        "msgid": "msian-palmoil-futures-close-sharply-lower-1447893297",
        "date": "2001-01-30 00:00:00",
        "title": "M'sian palmoil futures close sharply lower",
        "author": null,
        "source": "REUTERS",
        "tags": null,
        "topic": null,
        "summary": "M'sian palmoil futures close sharply lower KUALA LUMPUR (Reuters): Malaysia's palm oil futures closed sharply lower on Monday on prospects of poor exports in January and a lingering downtrend at the Chicago Board of Trade (CBOT), traders said. The benchmark third-month April futures contract ended down 24 ringgit at 781 ringgit ($205.52) a ton. Volume was 1,854 lots.",
        "content": "<p>M'sian palmoil futures close sharply lower<\/p>\n<p>KUALA LUMPUR (Reuters): Malaysia's palm oil futures closed<br>\nsharply lower on Monday on prospects of poor exports in January<br>\nand a lingering downtrend at the Chicago Board of Trade (CBOT),<br>\ntraders said.<\/p>\n<p>The benchmark third-month April futures contract ended down 24<br>\nringgit at 781 ringgit ($205.52) a ton. Volume was 1,854 lots.<\/p>\n<p>Traders said end-month stocks were expected to reach as high<br>\nas 950,000 tons in January, while exports would stay depressed at<br>\nbelow 700,000 tons as Indonesia continued to sell oil at cheaper<br>\nprices.<\/p>\n<p>Physical February (south) crude palm oil was offered at 730<br>\nringgit a ton against bids of 725 and trade was done at 725 to<br>\n730.<\/p>\n<p>February (central) crude palm oil saw offers at 735 against<br>\nbids of 730 and trade was done at 725 to 730.<\/p>\n<p>March (south and central) crude palm oil saw offer at 770<br>\nagainst bids of 760, and no trade was reported.<\/p>\n<p>Among refined products, February RBD palm oil was offered at<br>\n$207.50 a ton FOB and March at $215.<\/p>\n<p>There were offers for February RBD olein at $215 and March at<br>\n$220.<\/p>\n<p>February RBD palm stearin was offered at $195 and February<br>\npalm fatty acid distillate at $187.50.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/msian-palmoil-futures-close-sharply-lower-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}